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4240 S Calumet Avenue, Chicago, IL, 60653
Masonry-Limestone Multifamily Building

4240 S Calumet Avenue Chicago, IL 60653

For Sale
$1,705,000

MULTI_FAMILY - Chicago, IL

Lot Size0.15 Acres
Days on Market17

Property Features for 4240 S Calumet Avenue

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
MULTI
Bedrooms
20
Bathrooms
14
Rooms
Bedroom 13, Bedroom 19, Bedroom 2, Bedroom 14, Bedroom 20, Bathroom 4, Basement, Bathroom 13, Bedroom 17, Bedroom 10, Bathroom 9, Bathroom 1, Bedroom 3, Bedroom 16, Bedroom 6, Bedroom 11, Bathroom 3, Bedroom 15, Bathroom 10, Bathroom 11, Bathroom 8, Bedroom 18, Bedroom 1, Bedroom 4, Bedroom 12, Bedroom 7, Bathroom 12, Bedroom 9, Bathroom 5, Bathroom 6, Bathroom 7, Bedroom 8, Bathroom 14, Bathroom 2, Bedroom 5
Basement
Finished
Standard status
Active
APN
20031120510000
Lot size
0.15 Acres

Taxes and HOA fees

Tax Year
2024
Tax Annual Amount
14773

Utilities

Cooling system
Central Air

Building Details

Year built
1900
Floors in Building
3
Number of units
6
Building materials
Brick, Stone
Listing Agency: North Clybourn Group, Inc.
Listed By: Karen Biazar · License #471003309
Added: Jul 8 Changed: Jul 14 Last Checked: Jul 24 at 12:06PM
MLS# 12699903

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This masonry and limestone multifamily property features a fully stabilized center entrance and a configuration of side-by-side residential units totaling 6 apartments. The development was originally built as condominiums and has undergone extensive renovation and documented capital improvements. The site includes craftsman-designed iron fencing and a landscaped, park-like setting, with gated parking for 8 vehicles and approximately 50 feet of frontage.

Located in Chicago’s Bronzeville area, the property is described as being a short walk to the Green Line and nearby park access, with the future Bronzeville Trail referenced in the marketing materials.

The unit mix includes (2) four-bedroom, three-bath duplexes and (4) three-bedroom, two-bath apartments. Reported in-unit features include individual HVAC and washer/dryer, along with finishes such as exposed brick and crown molding, and select amenities including heated floors and composite rear decking. The provided financial figure is 127,872.17 NOI (please see broker private remarks for additional scalability details).

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

HVAC Service Law Firm Kitchen & Bath Showroom Carpet & Flooring Store Bakery Auto Parts Store (Bike/Boat/Book/etc) Store Florist (Bike/Boat/Book/etc) Store Tattoo & Piercing Shop

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - Center-entrance, masonry and limestone multifamily with 6 residential units and 8 gated parking spaces.
Where is this apartment building located?
The property is located at 4240 S Calumet Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $1,705,000.
More about this property
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